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<br /> Z8.-y�01429
<br /> MORTGAGE
<br /> MORTGAGE LOAN NO. � 23,O21
<br /> ,' �.rownu.MerrsY�esEe[�sENzs:Tt�c Darlene D. Moffett and Richard W. Moffett, her husband �
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<br /> ,�� � � Mortgagor,whether one or more�in conaidention of the sum of i '� •�'
<br /> � Sixteen Thousand and NO/LOO------------------------ DOLLARS �
<br /> . � loaned to said mortgsgor by The Equitable Building and Luan Association oE Grand Island,Nebraska,Mortgagee,upon 16 sharet of stock of
<br /> said ASSOCIATION,Certifipte No.L 23s�21 ,do hereby grant,convey and mortgage unto the said ASSOCIATION the Collowing
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<br /> described real estate,situated in Hall County,Nebraska:
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<br /> LOT THREE (3) IN BLOCK FIVE (5), OF THE FIRST
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<br /> ' I ADDITION TO WOOD RIVER, NALL COUNTY, NEBRASKA
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<br /> ��° � together with all the tenements,hereditaments and appurtenances therounto belonging,including attached 800r coverings,alt window sereens, .
<br /> -��{ window shades,blinds,storm windows,awnings,�heating,air conditioning,and plumbing and water equipment and accessories thereto,pumps,stoves, �
<br /> refrigewtors,and other fixtures and equipment now or hereafter at[ached to or used in cannection with said real estate. �
<br /> � � And whereas the said mor[gagor has agreed and does hereby agree that the mortgagor shall and will pay all taxes and assessmmts levied or �
<br /> � � �' assessed upon said premises and upon this mortgage and the bond secured thereby before the same shall become delinquent;to Furnish approved .
<br /> � insurance upon the buildings on said premises situated in the sum of S 1( QOO OO Payable to said ASSOCtATION and to deliver to said
<br /> ASSOCIATION the policies for said insurance;and not to commit or permiPany waste on or about said premises;
<br /> � _ In case of default in the performance of any of the terms and conditions of this mortgage or the bond secured hereby,the mortgagee shall,
<br /> on demand,be entitled to immediate possession of the mortgaged premises and the mortgagor hereby assigns, transfers and sets over to the
<br /> �;j � mortgagee all the zents,revenues and inwme to be derived from the mortgaged premius during such time as the mortgage indebtedness shall remain
<br /> unpaid;and the mortgagee shall have the power to appoint any agent or agents it may desim Cor the purpose of repairing said premises and renting
<br />���� the same and collec[ing the rcnts,revenues and income,and it may pay out of said income all expenxs of repairing said premius and nexssary ��
<br /> � commissions and expenses incurred in renting and managing the same and of collecting rcntals thercfrom; the balance remaining,if any,to be .
<br /> applied toward the diuharge of said mortgage indebtedness;these rights of the mortgagee may be exercised at any time during the existence of such
<br /> t default,irrespective of any temporary waiver of the same. .
<br /> C3� � These Presents,however,arc upon the Condition.That if the said Mortgagor shall rcpay said loan on or before the maturity of said shaces by ' � �
<br /> . � payment;pay monthly to said ASSOC[ATION of the sum specified in the Sond secured hereby as interest and principal on said loan,on or beforc �
<br /> the'Cwentieth day of each and every month,until said loan is fully paid;pay all taxes and asussments levied against said premises and on this Mortgage �
<br /> �� and the Bond secured thereb beforc delin uenc Fumish a �0�.�0 � �
<br /> y, q y; pproved insurance upon the buildings thereon in the sum of S 16� . payable
<br />�:E�� . to said ASSOC[ATION:repay to said ASSOCIA'IION upon demand all money by it paid for such taxes,assessmmts and insurance with interest at
<br /> � the maximum legal rate thereon Crom dare of paymrnt all of which Mortgagor hereby agrees to pay;permit no waste on said premises;keep and comply ,�
<br /> �i with all the ageements and conditions of the Bond for$ j(�QQQ.QQ this day given by the said M1tortgagor to said ASSOCIATION,and comply �
<br />, ���� with alt�the requ'uemrnts of the Constitu[ion and By-Laws of said ASSOCIATION:then these prexnts shall bewme null and void,otherwix thry . .
<br /> � shall remain in full force and may be forecloud at the option of the said ASSOCIATION after failure for three months to make any of said
<br />, �j� � payments or be three months in arrears in making said monthly payments,or to keep and compty with the agreements and conditions oCsaid Bond; �
<br />,�j and Mortgagor agees to f�ave a receiver appointed forthwith in such foreclosure proceedings. ' � � -
<br /> 3i If there is any change in ownership of the real estate mortgagcd herein, by sale or otherwise, then the entire remaining indebtedness hereby
<br /> '3 seeured shall,at the option of?he Equitable Building and Loan Association of Grand Island,Nebraska,become immediately due and payable without � �
<br />' � further notice,and the amount remaining due under said bond,and any other bond for any additional advances made thereunder,shall,from the . .�.
<br /> date of exercise of said option,bear interest at the mazimum legal rate,and this mortgage may then be forcclosed to satisfy the amount due on said
<br /> bond,and any other bond for additiona!advances,toget2�er with all sums paid by said The Equitable Building and Loan Association of Grand Island,
<br /> . Nebraska for insurana,uxes and assessments,and absvacting extension charges, with intercst thueon, from date of payment at the maxitnum �-
<br /> legal rate.
<br /> _� � �Aa provided in�th�Bond.secured hereby,while this mortgage remains in effect the mortgagee may hereafter advance additional sums to the � .
<br /> �.maken of said Soad,their assigns or successors in interest,which sums shall.be within the security of this mortgage the same as the funds originally
<br /> �secured,thereby,the total amount of principal debt not to exceed at any time the original amount of this mortgage.
<br />` ' nacea tt,;;s 2nd aay oe March A.D.,i978
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<br />�';+ �D� �- �n D�: fet _ �� �
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<br /> J �; c ar W. offett
<br />�''� STA'TE OF NEBRASKA,t�; On this 211d day of Ma reh 19 78 ,before me,
<br />�,Fj -�COUNTY OF HAi.L� � � -�-c
<br /> e un er' ed,a Notacy Public in and for said County,personally cstne
<br />�`� �Darlene D. ,Moffett and Richard W. Moffett, her�hus$an� I
<br />�`r MC who d P2 perwnally known to . . .
<br />�_� a�.EWd�� n 5 whose name s are affixed to the above instrument as mortgagor5 and they uverall
<br />�;� . ac1ta�l�dge�ttfE�aid' nt to be thei r ��,,,, Y
<br />�„ tery act and deod.
<br /> w x = � ��lgyqRy WI my hand and Notarial Seal the date aforesaid. . �
<br /> 3 � 1�?. CD +JI;;SlO�I �o � 'on ues �`�^^�^���'�'���'( (� ,
<br /> � EXFIR2S. Y.. �XP ��� V �� ,�D n � �
<br /> � ;� '• 4�fc 31.1��'.�Q� � ,Notary Public
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